Market Overview: CHZUSDT – Chiliz/Tether on 2025-12-18

Thursday, Dec 18, 2025 6:39 pm ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- CHZUSDT traded between $0.02867 and $0.02975, closing near intraday lows with bearish momentum confirmed by RSI and MACD.

- Key support at $0.0288 tested twice, forming a potential bullish engulfing pattern but rebound remains unconfirmed.

- Sharp volume spikes during declines and contracting Bollinger Bands suggest heightened volatility ahead.

- Price remains below 5-minute moving averages, with near-term direction likely to emerge from $0.0288-$0.0290 range breakout.

Summary
• Price fluctuated between $0.02867 and $0.02975, with a bearish close near intraday lows.
• Strong volume spikes aligned with downward moves suggest bearish conviction.
• RSI and MACD signal weakening momentum, with RSI near oversold territory.
• Bollinger Bands show moderate volatility contraction in late hours.
• A potential bullish reversal pattern formed after a key support test.

Chiliz/Tether (CHZUSDT) opened at $0.02919 on 2025-12-17 at 12:00 ET, reached a high of $0.02975, fell to a low of $0.02867, and closed at $0.02893 by 12:00 ET on 2025-12-18. The 24-hour volume was ~53.3 million CHZ, with a notional turnover of ~$1.53 million.

Structure & Formations


The price tested a key support zone near $0.0288 and bounced slightly, forming a potential bullish engulfing pattern. However, the rebound remains unconfirmed. A 61.8% Fibonacci level at $0.02886 also acted as a short-term floor, reinforcing the area as a potential pivot.

Moving Averages


On the 5-minute chart, the price closed below both the 20-period and 50-period moving averages, suggesting short-term bearish bias. Longer-term moving averages on the
daily chart remain neutral, with no clear trend yet established.

Momentum and RSI


MACD remained in negative territory, with bearish divergence as the histogram continued to contract. RSI dipped below 30 near the session close, indicating a potential oversold condition. However, price has yet to show a convincing rebound in response.

Volatility and Bollinger Bands


Bollinger Bands contracted in the final hours of the session, suggesting a possible increase in volatility ahead. Price has remained near the lower band for most of the period, showing a lack of conviction in the short-term rally.

Volume and Turnover


Volume surged during sharp downward moves, especially after 5:30 AM ET and again in the morning session, confirming bearish pressure. Notional turnover increased in tandem with price declines, showing no divergence between volume and price.

Chiliz/Tether may find near-term direction following a breakout or breakdown of the $0.0288 to $0.0290 range. Traders should watch for a confirmation of the potential bullish reversal pattern or a retest of key moving averages. As always, price action may remain choppy with a high degree of volatility.